ARTICLE XI. - TAXATION OF RENEWABLE ENERGY SYSTEMS
Part of the Code of Ordinances of Exeter, RI.
The text
Sec. 42-232. - Taxation of renewable energy systems.#
(a)
Pursuant to section 44-3-3(a)(48)(49) of the Rhode Island General Laws, residential and manufacturing properties utilizing installed renewable energy systems for the purpose of off-setting electrical costs for energy consumed on the premises are exempt from local taxation of such systems.
(b)
Pursuant to section 44-5-3(c)(e) of the Rhode Island General Laws, commercial renewable energy systems are subject to a tangible tax payment to the municipality in accordance with rules and regulations adopted by the Rhode Island Office of Energy Resources for all commercial renewable energy systems.
(c)
Pursuant to [section] 44-3-21 of the Rhode Island General Laws, city or town councils of the various cities and towns may, in their discretion and by ordinance, exempt from taxation any renewable energy system located in the city or town.
(Amend. of 3-6-17)
Sec. 42-233. - Taxation.#
In accordance with section 44-5-3(c) of the Rhode Island General Laws, the Town of Exeter hereby authorizes its assessor to levy a tax on renewable—energy—related tangible property as defined in 39-26-5 in accordance with standardized rules and regulations as adopted by the Rhode Island Office of Energy Resources.
(Amend. of 3-6-17)
Sec. 42-234. - Limited exemption.#
In accordance with section 44-3-21 of the Rhode Island General Laws, the Town of Exeter hereby exempts from taxation commercial net-metered renewable energy systems whose sole purpose is to offset the taxpayer's electricity bills and not for any other purpose, including selling of generated power back to the electric distribution system.
(Amend. of 3-6-17)
Sec. 42-235. - Required submissions.#
All commercial renewable energy systems shall be required to provide the tax assessor with a copy of the initial interconnection application and final interconnection agreement prior to construction or installation. Upon request all commercial renewable energy systems must provide the tax assessor with any further information and documentation.
(Amend. of 3-6-17)